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Green Dot Brass Hid Declining Biz And Fed Action, Suit Says

By Sydney Price ( July 16, 2024, 10:22 PM EDT) -- The top brass at prepaid debit card company Green Dot Corp. has been hit with a derivative shareholder suit, alleging they concealed the company's faltering core business and a proposed consent order from the Federal Reserve Board over internal controls while board members sold millions of dollars worth of shares at inflated prices....

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